Bilateral Meeting

At the same time as the signing of the Memorandum of Understanding, delegations from Bank Indonesia (BI) and Banco Central de Timor-Leste (BCTL) held a high-level bilateral meeting to discuss opportunities to further strengthen cooperation in the areas of payment systems and digital financial innovation.

The meeting provided an opportunity for both central banks to exchange views and explore practical areas of collaboration, including payment system connectivity, cross-border payments, QRIS Cross-Border, and the exchange of knowledge and experience in digital financial innovation.